Tiger Reef, Inc. (OTCQB: TGRR) is engaged as a producer of premium rums and manager of casual fining restaurant. Shares of the restaurant and alcohol distributor jump 61.54%, through early trading on Thursday, November 16, 2017. Over the past month, Tiger Reef, Inc. has seen average daily volume of 4.71 million shares. However, volume of 8.43 million shares or dollar volume of $21,075, has already exchanged hands on the day.

Shares of Tiger Reef, Inc. are rallying today, after the company recently filed an 8-K form detailing of two common stock conversions with Crown Bridge Partners, LLC and EMA Financial, LLC. After the conversions, Tiger Reef, Inc. will have 82.44 million shares outstanding. Here is the full press release detailing of the common stock conversions:

Tiger Reef, Inc. 8-K Filing:

Item 3.02 Unregistered Sales of Equity Securities

Crown Bridge Partners, LLC (April 3, 2017 Note)

On November 13, 2017, Tiger Reef, Inc.’s (“ Tiger Reef ”) transfer agent received a Notice of Conversion #12 in the amount of $1,042.80 in principal and $250.00 in legal fees and subsequently issued 3,232,000 shares of its common stock, $0.001 par value, at an applicable conversion rate of $0.0004 a share pursuant to the Crown Bridge Partners convertible note described in detail the Form 8-K filed with the SEC on April 7, 2017.  After this conversion this convertible note had a remaining principal balance of $19,431.40.

On November 14, 2017, Tiger Reef’s transfer agent received a Notice of Conversion #13 in the amount of $971.48 in principal and $250.00 in legal fees and subsequently issued 3,393,000 shares of its common stock, $0.001 par value, at an applicable conversion rate of $0.0004 a share pursuant to the Crown Bridge Partners convertible note described in detail the Form 8-K filed with the SEC on April 7, 2017.  After this conversion this convertible note had a remaining principal balance of $18,459.92.

EMA Financial, LLC (April 3, 2017 Note)

On November 13, 2017, Tiger Reef’s transfer agent received a Notice of Conversion #6 in the amount of $530.00 in principal and $750.00 in legal fees and subsequently issued 3,200,000 shares of its common stock, $0.001 par value, at an applicable conversion rate of $0.001 a share pursuant to the EMA Financial convertible note described in detail the Form 8-K filed with the SEC on April 7, 2017.  After this conversion this convertible note had a remaining principal balance of $35,150.00.

After these conversions, Tiger Reef had 82,440,651 shares of its common stock issued and outstanding.

Forward Looking Statements

This Form 8-K and other reports filed by the Registrant from time to time with the Securities and Exchange Commission (collectively, “ Filings ”) contain or may contain forward looking statements and information that are based upon beliefs of, and information currently available to, our management as well as estimates and assumptions made by our management. When used in the filings the words “anticipate”, “believe”, “estimate”, “expect”, “future”, “intend”, “plan” or the negative of these terms and similar expressions identify forward looking statements as they relate to our business or our management. Such statements reflect management’s current view of our business with respect to future events and are subject to risks, uncertainties, assumptions and other factors (including the risks contained in the section of our Annual Report filed on Form 10-K entitled “Risk Factors”) relating to our industry, operations and results of operations, and other relevant aspects of our business. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.

Although we believe the expectations reflected in the forward looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements contained within this Form 8-K and elsewhere.

Here is the link to the full 8-K filing: https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12385942

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